Honda Motor's recent shift in electric vehicle (EV) strategy has left many wondering if the Japanese automaker can make a successful comeback. In a major overhaul, Honda has announced plans to accelerate its transition to electric vehicles, with a goal of achieving 100% electric sales in some markets by 2040. However, the company's delayed response to the EV revolution has put it at a disadvantage compared to competitors like Toyota and Nissan, which have already made significant strides in electrification. As Honda embarks on this long and challenging journey, the question on everyone's mind is whether the company can regain its footing and achieve sustainable growth in a rapidly changing industry.
FOCUS: Honda Motor faces long road back to growth after EV strategy overhaul Japan Wire by Kyodo News
